$USUAL Update: Potential Reversal in Play!
$USUAL is trading at $0.5624, showing a 5.34% gain as it attempts to recover from its recent low of $0.4973. With a slight upward trajectory forming, traders are closely monitoring the next key levels.
Key Levels to Watch:
Resistance Levels:
1. $0.6000
2. $0.6350
3. $0.6800
Support Levels:
1. $0.5400
2. $0.4973
Market Insight:
The RSI at 56.66 indicates mild bullish momentum, while the MACD histogram suggests a possible trend shift. Breaking above $0.6000 could attract buyers, aiming for higher levels at $0.6350 and beyond. However, if $0.5400 fails as support, expect a potential retest of $0.4973.
Pro Tip: Manage risk with tight stop-losses below $0.5400 to safeguard against volatility.